Walmart and Nvidia earnings, Powell testimony: 3 things to watch for in the markets on Thursday

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We'll get earnings from big-box retailer Walmart and chipmaker Nvidia, as well as day two of Federal Reserve Chairman Jerome Powell's testimony to Congress.

1. Big-box retailer Walmart set to report

Bank of America estimates 35% growth in Walmart's e-commerce business "supported by expansion of grocery pick-up and delivery," said Bank of America analyst Robert Ohmes in a note to clients. Bank of America and Cowen named Walmart and Target two of the

 

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You might want to add Amazon as it crashes

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Options traders are bullish on Walmart's make-or-break earnings reportThe U.S. consumer trade is stumbling, and it faces a make-or-break moment when Walmart reports earnings on Thursday. Options traders are feeling bullish on the outcome.
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